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NSE and SIDBI sign MoU for the MSME sector

Updated Mar 02, 2021 | 19:39 IST
Both the Institutions run several programs for MSMEs and the co-operation will help increase the impact and reach of these programs
NSE and SIDBI sign MoU for the MSME sector
New Delhi: National Stock Exchange of India Limited (NSE) and Small Industries Development Bank of India (SIDBI) today signed an MoU for co-operation in various ongoing Micro, Small and Medium Enterprises (MSME) related initiatives of the two institutions and to also explore the feasibility of a debt capital platform for the MSMEs.

Speaking on the MoU, SIDBI DMD V. Satya Venkata Rao said, “Keeping in view the very large and diversified MSME sector in the country, there is a continuous need for various institutions to co-ordinate and co-operate with each other for the benefit of MSME sector. Both the Institutions run several programs for MSMEs and the co-operation will help increase the impact and reach of these programs.� ....

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MCX signs MoU with NSE, India INX, NSDL and CDSL to set up new entity at GIFT City

MCX signs MoU with NSE, India INX, NSDL and CDSL to set up new entity at GIFT City ....

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IIFL Finance to raise up to ₹1,000 crore through NCDs

IIFL Finance to raise up to ₹1,000 crore through NCDs
According to IIFL Finance, this rate of 10.03% will be locked in for 87 months and is thus provide an advantage against interest rate fluctuations in future.Premium
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Mumbai: Non-bank lender IIFL Finance on Friday said it will open a public issue of bonds on 3 March 2021, to raise up to ₹1,000 crore, to fund business growth and bolster its capital position.
The Fairfax and CDC Group backed IIFL Finance will issue unsecured redeemable non-convertible debentures (NCDs), aggregating to ₹100 crore, with a green-shoe option to retain over-subscription up to ₹900 crore, the lender said in a statement. The bonds offer up to 10.03% yield for a tenor of 87 months and the issue has been rated AA by Crisil and AA+ by Brickwork. ....

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Nureca Limited raises Rs 44.55 crore from two anchor investors at an upper price band of Rs. 400 per equity share

Nureca Limited raises Rs 44.55 crore from two anchor investors at an upper price band of Rs. 400 per equity share ....

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Texmaco Infrastructure & Holdings Limited updates on delisting proposal

Texmaco Infrastructure & Holdings Limited updates on delisting proposal
Posted On:
2021-02-10 04:34:02
(Time Zone: Arizona, USA)
The Board of Directors of Texmaco Infrastructure & Holdings Limited ( Board ) at its Meeting held today, has noted and placed on record the letter dated 4th February, 2021 received from Adventz Finance Private Limited ( Adventz Finance ), a promoter group entity of the Company expressing the desire of Promoter / Promoter group to acquire equity shares of the Company from the Public shareholders with intention to voluntarily delist the equity shares of the Company from National Stock Exchange of India Limited & BSE Limited where the equity shares of the Company are listed in accordance with the Securities and Exchange Board of India (Delisting of Equity Shares) Regulations, 2009 ( Delisting Regulations ). ....

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